by kramoltz@hotmail.com | Aug 10, 2016 | Global Buyers + Foreign Investment
Resident foreigners accounted for 59% of all of the U.S. residential real estate bought by international purchasers, compared to 41% for nonresident foreigners. In previous years the proportions were close to 50-50. I couldn’t find any explanations for the change, but...
by kramoltz@hotmail.com | Aug 8, 2016 | Home Buying
In The New American Home, Stephen Kim found that Baby Boomers are looking to downsize, and Millennials are choosing style over size. Both are looking for smaller, better appointed homes. As a result, the size of the new American home is shrinking for the first time in...
by kramoltz@hotmail.com | Aug 4, 2016 | Home Buying, Real Estate Facts & Figures
The median lot size of a new single-family detached home sold in 2015 dropped under 8,600 square feet for the first time since Census Bureau’s Survey of Construction started tracking that statistic. This is part of a national trend where both homes and lots are...
by kramoltz@hotmail.com | Aug 2, 2016 | Canada and Canadians, Global Buyers + Foreign Investment
U.S. real estate purchases by Canadians used to lead the way in U.S. international sales, but that’s not the case anymore. Chinese buyers represented 45% of all purchases totaling $27 billion in sales, followed by Canada ($8.9 billion), India ($6.1 billion) the U.K....
by kramoltz@hotmail.com | Jul 28, 2016 | Home Ownership
Arizona law provides homeowners and homeowners associations a method for resolving disputes between them. This is an alternative to the civil court system, and does not limit the legal rights of the parties to litigate or arbitrate if need be. Strangely those...
